TNT Express Shares to be Delisted
June 06 2016 - 12:00PM
Business Wire
FedEx Corporation (FedEx) (NYSE:FDX), FedEx Acquisition
B.V. (the Offeror) and TNT Express N.V. (TNT Express)
jointly announce that at the request of the Offeror and TNT
Express, Euronext Amsterdam N.V. (Euronext) has confirmed
its consent to delist the ordinary shares in the capital of TNT
Express (the Shares) from Euronext.
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View the full release here:
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As indicated in the joint press release issued on 2 June 2016,
the request to delist was made now that, following the completion
of the Offeror's recommended public offer, the Offeror owns more
than 95% of the Shares.
Delisting will take place on 4 July 2016 and the last day that
the Shares can be traded on Euronext will therefore be 1 July
2016.
Also, TNT Express intends to terminate the Amended and Restated
Deposit Agreement between TNT Express, Citibank, N.A. (the U.S.
Depository) and the holders and beneficial holders of ADSs
issued thereunder (the ADS Deposit Agreement), effective not
prior to the date on which the Shares are delisted. At any time
after the expiration of 30 days after the effective date of
termination of the ADS Deposit Agreement, the U.S. Depository may,
but is not required to, sell the Shares held in respect of ADSs not
previously surrendered for cancellation.
About FedEx Corp.
FedEx provides customers and businesses worldwide with a broad
portfolio of transportation, e-commerce and business services. With
annual revenues of $49 billion (not including TNT Express), the
company offers integrated business applications through operating
companies competing collectively and managed collaboratively, under
the respected FedEx brand. Consistently ranked among the world’s
most admired and trusted employers, FedEx inspires its nearly
400,000 team members to remain “absolutely, positively” focused on
safety, the highest ethical and professional standards and the
needs of their customers and communities to connect people and
possibilities around the world. For more information, please visit
www.fedex.com.
About TNT Express
TNT Express is one of the world’s largest express delivery
companies. On a daily basis, TNT Express delivers close to one
million consignments ranging from documents and parcels to
palletised freight. The company offers road and air delivery
services in Europe, the Middle East and Africa, Asia-Pacific and
the Americas. TNT Express made €6.9 billion in revenue in 2015.
For more information, please visit www.tnt.com/corporate.
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version on businesswire.com: http://www.businesswire.com/news/home/20160606006093/en/
FedEx CorporationMediaPatrick Fitzgerald,
+1-901-818-7300patrick.fitzgerald@fedex.comorMedia Contact –
EuropeBurson-MarstellerMichelle Fresco, +31 (0)70
3021191michelle.fresco@bm.comorFedEx Investor
RelationsMickey Foster,
+1-901-818-7468mickey.foster@fedex.comorTNT
ExpressMediaCyrille Gibot, +31 88 393 9390Mobile: +31 65
113 3104cyrille.gibot@tnt.comorInvestor RelationsGerard
Wichers, +31 88 393 9500gerard.wichers@tnt.com
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